Too lazy to put up my charts, but I think 1 or 2 either scenario's will unfold next week.
Scenario 1
- Greek Defaults
- Market spends the weekend digesting information
- ASX200 hits 4250 on open and goes down in the afternoon on Monday as new of Greece unfolds further.
Scenario 2
- No news from Europe for 1 week
- Obama speaks about his plan for the US.
- ASX200 hits 4382 or 4450 by the end of next week.
- New of Greece comes out and downtrend resumes.
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